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Onto Innovation Inc.
$267.21 1.32% today
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Why Onto Innovation Inc. (ONTO) stock moved

Updated Sep 1, 2026

Onto Innovation Inc. (ONTO) shares fell 1.3% to $267.21 as of September 1, 2026, a modest decline from the prior close of $270.79. BestStocks flagged the session as a major change for ONTO. Below, we break down what changed for ONTO, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

ONTO fell 1.3% to $267.21

ONTO fell 1.3% in its latest session, moving from $270.79 to $267.21.

ValuationWeak confidence
Rel. volume
0.7×
Below Avg
Vs peers
No comparable peers
Market cap
$13.3B
New York Stock Exchange
Analyst target
$388
+45.2% vs price
Price chart
Aug 3 – Aug 31
VEEVVVEEEF$267$309$352Aug 3Aug 10Aug 17Aug 24Aug 31
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Onto Innovation Inc. investors

For Onto Innovation Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Positive price momentum; Onto Innovation Inc. (ONTO) moved +8.77% from $291.45 to $317.02 on 2026-07-09. Weighing against that: Material negative event; Negative session, down 1.3%. Wall Street's consensus price target sits at $388.11, implying +45.2% upside from $267.21. BestStocks rates the overall signal quality weak (37/100). With earnings roughly 65 days out, the next report is the most likely near-term test of the move.

ONTO price reaction

ONTO last traded at $267.21, down $3.58 (-1.32%) from the previous close of $270.79. The session traded on 0.7× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $267.21 and $351.16, and it currently sits about 0% of the way up that band.

Bullish and bearish analyst opinions on Onto Innovation Inc. (ONTO)

The consensus analyst price target on Onto Innovation Inc. (ONTO) is $388.11, 45.2% above the recent $267.21. Over the past 90 days analysts logged 0 upgrades, 5 maintains, and 0 downgrades. Here is how the bullish and bearish cases on ONTO line up.

The bullish case

  • Wall Street's consensus price target of $388.11 implies +45.2% upside from $267.21.
  • The Street's most bullish target is $450.00 (+68.4%).
  • Positive price momentum.
  • Onto Innovation Inc. (ONTO) moved +8.77% from $291.45 to $317.02 on 2026-07-09.

The bearish case

  • Material negative event.
  • Negative session, down 1.3%.
  • Onto Innovation Inc. (ONTO) moved -6.96% from $313.16 to $291.35 on 2026-08-10.
  • Onto Innovation fell 8.00% to $280.35 amid broader semiconductor-sector profit-taking and concerns that AI-spending expectations are becoming difficult to exceed, according to web sources.
Bull vs bear balanceBearish Shift
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Aug 31, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $388+45.2%
= 5 maintains
Jefferies maintained Buy · 2026-08-07
SEC filings watch
8-K2026-08-10
Material event — review for impact
high
8-K2026-08-06
Material event — review for impact
high
10-Q2026-08-06
Quarterly financial results
medium
8-K2026-05-21
Material event — review for impact
high
Peer context
ONTO-1.3%

Previous notable changes for ONTO

Material / Earnings2026-08-31-1.3%
Onto Innovation Inc. (ONTO) moved -3.29% from $276.30 to $267.21 on 2026-08-31. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume traded near its 5-day average, suggesting the move was not driven by unusual trading activity.
Material / Earnings2026-08-19-5.0%
Onto Innovation Inc. (ONTO) moved -5.09% from $315.56 to $299.50 on 2026-08-19. No company-specific catalyst was found. The decline appears driven by sector-wide profit-taking in semiconductor and process-control equipment stocks, with investors rotating out of recent winners amid valuation concerns and macro headwinds.
Material / Earnings2026-08-18-10.2%
Onto Innovation Inc. (ONTO) moved -5.12% from $332.45 to $315.42 on 2026-08-18. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average at 1.2x.
Valuation2026-08-12+5.5%via Yahoo Finance
Onto Innovation surged 5.58% to $337.65 following a stellar Q2 earnings beat with record revenue of $343.1M (up 35% YoY) and non-GAAP EPS of $1.93, coupled with a record order backlog exceeding $1.1 billion and strong AI-driven demand for advanced packaging and HBM solutions (Seeking Alpha, Yahoo Finance). Volume of 733,381 shares ran at 1.00x expected levels for this time of session.
Upcoming catalysts & outlook
Next earnings
2026-11-05 (est.)
in 65 days
Thesis shift
Bearish Shift
bearish signal
Risk level
High
from change events

Frequently asked questions about ONTO

Why did Onto Innovation Inc. (ONTO) stock move?

ONTO fell 1.3% to $267.21. No single company-specific catalyst was confirmed during the move window, and it looks technical.

How much did ONTO stock fall?

ONTO lost 1.32% ($3.58) versus the prior close of $270.79, last trading at $267.21 on 0.7× average volume.

When is Onto Innovation Inc.'s next earnings date?

ONTO's next earnings report is estimated for 2026-11-05 — about 65 days away.

What is the analyst price target for ONTO?

The consensus analyst price target for ONTO is $388.11, about 45.2% above the current $267.21. Over the past 90 days, analysts recorded 0 upgrades, 5 maintains, and 0 downgrades.

How BestStocks tracks ONTO

This page is generated automatically by BestStocks' change-detection system after its price and volume cleared ONTO-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for ONTO, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of September 1, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.